British Columbia remains well-positioned to continue supporting people and navigating emerging global economic headwinds with an improved second-quarter fiscal update.

On National Housing Day, the Province is releasing data that shows the speculation and vacancy tax (SVT) continues to turn empty units into homes and support the creation of additional affordable housing.

British Columbia is well-positioned to support people through emerging global economic headwinds with preliminary numbers showing an improved fiscal forecast.

The expansion of the Speculation and Vacancy Tax will help eliminate speculative real estate practices and turn empty units into homes for people in additional communities in B.C. struggling with housing affordability.

British Columbia’s continued stable credit ratings show that key stakeholders in the financial community validate the Province’s financial plan for investing in the services people need and building a strong, sustainable future for B.C.

As people across the globe join together to honour and celebrate International Women’s Day, B.C. is set to begin consultations on new pay transparency legislation.

The Province and Union of BC Municipalities will work together to review the local government finance system in B.C.  to ensure that municipal governments and regional districts remain resilient in the face of economic changes.

British Columbia’s economic growth is expected to outpace Canada’s in 2021 and 2022, according to projections from the Economic Forecast Council (EFC).